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Precious Metals
Project Update27 Aug 2026, 02:00 pm

Deccan Gold Mines Subsidiary's Project to be Inaugurated by Kyrgyz President

AI Summary

Deccan Gold Mines Limited's subsidiary, Avelum Partner LLC in the Kyrgyz Republic, has received official communication that its Solton-Sary (Altyn Tor) Gold Project's processing plant will be inaugurated on September 11, 2026. The inauguration will be presided over by His Excellency Mr. Sadyr N. Japarov, President of the Kyrgyz Republic, as part of Independence Day celebrations. This marks a significant milestone as it is reportedly the first Indian investment in the Kyrgyz Republic's gold mining sector to reach the production stage. Senior management from both companies will attend the event. The project has progressed from exploration to production, and Avelum Partner LLC has been requested to complete all necessary preparations.

Key Highlights

  • Kyrgyz President to inaugurate Deccan Gold Mines' Altyn Tor Gold Project.
  • Project represents first Indian gold mining investment in Kyrgyz Republic to reach production.
  • Inauguration scheduled for September 11, 2026, as part of Independence Day celebrations.
  • Project marks significant milestone from exploration to production stage.